Nigerians with more than N5,000 account balances will not get palliatives, FG says
Nigerians who have more than N 5,000 in their bank accounts will not receive palliatives from the federal government to mitigate the effects of the current lockdown due to the coronavirus pandemic.
The Minister of Humanitarian Affairs and Disaster Management, Sadiya Farouq, revealed this during a conversation with correspondents at the State House in Abuja, as she spoke about the modalities put in place for the disbursements.
She said her ministry intends to focus on the urban poor as it implements President Muhammadu Buhari’s directive on the distribution of palliatives.
She said: âYou know that the president, on his Monday April 13 broadcast, ordered that we increase the conditional cash transfer recipients by one million and in that regard, we will now focus more on the poor of the people. cities.
âThese are people who depend on the informal sector for a living; these are day workers and these are the people we are really going to focus on, as well as people with disabilities.
She said the ministry was considering three ways to select program beneficiaries, saying, âWell, we have three options; one, we’re going to use the national social registry that we already have; Second, we are also going to focus on the urban poor as I mentioned using their Verified BVN accounts to get them i.e. people with account balance of 5 or less. 000 N.
âWe also use mobile networks to find out who is reloading credit units for their phones with maybe N100 or less. They are also people whom we consider to be poor and vulnerable. So these are the three options that we are exploring and I am sure that by the time we have this data, we will be able to give this intervention. “
According to her, only 25 percent of the population will benefit from it for now, although the scope may be extended later.
She added, âLet me also say that we have a standard. 25 percent of the total population is what we’re going to take away. It can’t turn out, but we start from somewhere. About 25 percent of let’s say the location in Lagos State for example is what’s going to benefit from this intervention we’re doing. In the future, we might expand it, but that’s what’s available at the moment.
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